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The loss was unbearable, and the feeling of being a failure is impossible to shake

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by COINS NEWS 239 Views

I remember looking at the $BTC chart and feeling disbelief, feeling anger, and then feeling sadness... fear... betrayal about how could this happen to me... then WHY was it happening to me.

I had put all my life savings into BTC and after a decent run, I have lost nearly half of my stash. I have been diligent on DCA-ing into the market any time I had some extra money. I didn't even tell my wife that I was doing it.

One day she noticed that something was wrong, that I was being eaten alive from the inside... and instead of telling her what happened I just exploded in a rage that was scary to both her and me. I could not control myself and I was overcome by so many emotions that after I was done unleashing a barrage of most mean, evil, and hurtful things I could ever say to a person I walked away and collapsed in the shower... sobbing, crying... I felt like I had an out of body experience... I didn't even notice that the water in the shower had turned cold.

She came in, turned off the water, wrapped the towel around me in a way that only someone who truly loves you can do... and she laid with me in bed until I was able to talk... and all I could say was "I'm SORRY"

That is how I went trough a big crash that literally rocked my world.

Looking at THIS CHART!

That is the chart that I was looking at... I literally lost 50% of what was our nest egg. Does it look familiar?

That chart is a piece of a bigger chart... THIS ONE

See, that story is from my first entry into the crypto market in 2017... If I had given up, if I had done something harsh, I would have missed the upside that came afterwards.

Mark Twain said that "History does not repeat itself, but it sure rhymes" and if you look at the pattern... in 2017, we stalled out at about 2x the previous bull run ATH and had a strong correction, then we went on to 3x the previous ATH and had even stronger correction. The sentiment then was the same as it is now... "THE MARKET IS BEING MANIPULATED" "CHINA IS BANNING CRYPTO" "THE BULL RUN IS OVER" and so on...

The fact is, NO ONE knows what will happen in the future and while we can look at some parallels between the past and today to gleam into the possibility of tomorrow, whatever happens is uncertain. I believe that we are really at the center of this bull run and I believe that we will go on to hit some insane highs in the next 3-4 months. Even if we don't this is still early in the adoption cycle that in 5 years, people getting on will be considered early adopters and everyone that got in today will be the OG.

My loss since Monday is well into 7 figures... I have not sold a single coin... I have ZERO in stablecoins and I have no desire to change that any time soon. If the market turns bearish long term, I might, but I am here for the long run.

EDIT: Some people have expressed concerns about my losses... First, I wouldn't have 7 figures to lose without crypto... And second, if I lost 7 figures... Means there's more in there... Account is not empty. I'm doing good this, I just wanted to you to know that regardless of the sum, we're in this together.

I am not saying hold the line... I am saying that there is much more to happen before we are over and done with crypto... and it is OK to take a breath and recognize that price of early adoption is insane volatility that comes with it.

Now stay strong and may the profits forever be in your favor!

P.S. If you ever feel like you are being overwhelmed... like you need help or support... don't hesitate to reach out to me and I will do whatever I can to help you right the ship. This is all a learning experience for all of us and we really need to stick together as a community!

submitted by /u/CryptoAnarchyst
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